January 23, 2022

Wired journalist destroys wallet key containing 13 BTC

Wired journalist destroys wallet key containing 13 BTC

Information portal Wired back in 2013 was among the opponents of digital currency, who underestimated potential and prospects for innovation.Then the journalist got rid of the private key of his wallet, with 13 BTC, to demonstrate that the newfangled coins are just an "abstraction." Today these BTCs are valued at $ 760,000.

In 2013, journalist Robert McMilan began mining BTC in the corner of his office. The experiment did not impress the journalist and did not convince the prospects and value of the cryptocurrency. In his article, he wrote:

The popular digital currency is nothing more than an abstraction.

McMilan was convinced that bitcoin's "virtuality" made it unreliable. Without hesitation, the journalist threw away the private key from his bitcoin wallet. He's writing:

Our small supply of BTC will remain in digital storage for an eternity, or until someone breaks the SHA-256 encryption. "

Wired journalist destroys wallet key containing 13 BTC

An old Wired article was recently posted on Reddit where user BakedPotato840 commented:

Unsurprisingly, old posts can be found expressing such views on the first cryptocurrency. What really deserves criticism are the people who hold this opinion even today.

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